U.S. Bancorp in Minneapolis has hired an investment banker to fill a new role identifying sustainable investing options for corporate and commercial clients.
As head of environmental, social and governance in fixed income and capital markets, Marcus Martin is responsible for building out the $554 billion-asset company’s sustainable capital markets activities, such as green bonds. Martin, who is based in Charlotte, N.C., will support U.S. Bancorp's corporate and commercial clients and commercial real estate clients.
“Helping issuers and investors better manage their ESG efforts with a greater array of sustainable finance solutions is important to clients and aligns with our values and ESG objectives,” Stephen Philipson, the company's head of fixed income and capital markets, said Wednesday in a press release.
Before joining U.S. Bancorp, Martin was founder and CEO of Global Oak Capital Markets, a Charleston, S.C., investment bank focused on small and midsize companies. Before he founded Global Oak, he worked in a number of senior leadership and management posts in trading and banking with Lehman Brothers and Merrill Lynch in Moscow and London. Martin began his career at UBS Investment Bank in New York.
Martin will also be involved in diversity, equity and inclusion efforts within his group, U.S. Bancorp said.
